Nevada student loan servicer bonds.
From $300.
Nevada licenses student loan servicers, and NRS 670B.210 requires an applicant to file a surety bond in an amount the Commissioner of Financial Institutions determines. Regulations step the bond by the dollar amount of loans serviced, from $50,000 up to $250,000. The premium is 0.6% of the bond amount.
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How much does a Nevada student loan servicer bond cost?
0.6% of the bond amount, from $300 at the $50,000 minimum. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
The student loan servicer bond is amount-based, so there is no quote round-trip. Here is the entire process:
Apply online
Company details, the bond amount on your Division checklist, an effective date, and a term. No credit check up to $250,000.
Pay & e-sign
Your exact premium — 0.6% of the bond amount — is shown before you pay, and the executed bond and power of attorney generate the moment you pay.
File through NMLS
Upload the executed bond to your NMLS student loan servicer record for the Nevada Division of Financial Institutions. Wet-ink original mailed on request.
What it is and who needs it.
What the student loan servicer bond guarantees
Nevada brought student loan servicers and private education lenders under licensure in NRS Chapter 670B, administered by the Commissioner of Financial Institutions at the Division of Financial Institutions. NRS 670B.210 makes a surety bond, in an amount determined by the Commissioner, part of the license application.
The Division's regulations scale that amount to the dollar amount of student loans you service: $50,000 up to $50,000,000, $75,000 to $100,000,000, $100,000 to $250,000,000, and $250,000 above $250,000,000. The bond is payable to the Division and executed by the principal and a surety authorized to do business in Nevada.
It stands behind the Chapter 670B servicing duties — accurate payment application, responses to borrower inquiries, and the conduct rules the statute imposes on servicers of Nevada borrowers' loans. It is not insurance for you: if the surety pays a claim, you repay the surety. We track the term and send renewal notices 60 and 30 days out.
You need this bond if you're
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
File through NMLS. Upload the executed bond to your NMLS student loan servicer record for the Nevada Division of Financial Institutions. Wet-ink original mailed on request.
What sets the price
The premium is 0.6% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
No credit check up to $250,000. Above that, the carrier may run a soft pull, which never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued instantly.
These are the actual issuing fields — company details, the bond amount, an effective date, and a term. That is the application.
Start the application →Common questions.
Other Nevada bonds.
The same bond in nearby states.
Price and requirements checked on the carrier’s application, . Page updated .
Get your Nevada student loan servicer bond today.
0.6% of the bond amount, issued the moment you pay. Free until issued.